India EV Market Trend Update 2026-March/ English

India’s electric vehicle (EV) market continues its rapid expansion, driven by supportive government policies, rising consumer awareness, and increasing participation from both start-ups and established makers. The sector is witnessing strong momentum across all vehicle categories, with notable developments in infrastructure and policy.

FY24-25 Sales Summary

E-2 Wheelers: 1,150,725 units

E-3 Wheelers: 699,023 units

E-4 Wheelers: 112,229 units

Top EV Brands – March 2026

Recent Highlights – March 2026

India EV penetration is expanding to Tier 2 and 3 cities. 

The Indian EV market saw strong growth in March. FY26 expects further growth.

PM E Drive scheme Extended by Government. 

.Hybrid car to get exemption under Delhi EV policy 2.0. 

For full report, refer to this link.